Iran Chamber Newsroom

Iran, Eurasian Economic Union eliminate tariffs on 87% of traded goods

Iran and the Eurasian Economic Union (EAEU) have eliminated tariffs on 87% of goods traded between them under a new free trade agreement that came into effect this week, a government official said.

Trade

Iran’s last year exports to Kazakhstan rise 27% – Customs Data

Iran’s exports to Kazakhstan rose by 27% in the Iranian calendar year to March 20, reflecting deepening trade ties between the two countries, the Iranian embassy in Astana said on Tuesday, citing data from the Islamic Republic of Iran Customs Administration (IRICA).

Trade

Iran, Russia unveil second phase of connecting payment systems

The second phase of connecting Iran’s Shetab banking system and Russia’s Mir payment network was unveiled in a ceremony attended by senior central bank officials from both countries.

Financial Markets

Iran, Uzbekistan eye $1 billion trade goal, call for visa-free travel and deeper economic ties

Iran and Uzbekistan have pledged to boost bilateral trade to $1 billion, with senior officials from both countries calling for cancellation of visa requirements and enhanced investment ties during a high-level business forum.

Iran Chamber

Iran’s PMI registers fifth monthly drop in a row

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Farvardin (March 21 – April 20, 2025) posting a fifth drop in a row.

Macro Economy

Swedish ambassador visits Iran Chamber of Commerce

Mathias Otterstedt, Sweden’s ambassador to Iran, visited Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) where he met ICCIMA President Samad Hassanzadeh on May 4, 2025.

Photo Gallery

Iran invites Sweden to revive auto and energy investment amid optimism over sanctions talks

Iran has invited Sweden to restart joint investment projects in the country’s automotive and electricity sectors, signaling readiness to expand economic ties as hopes grow for progress in nuclear negotiations with the US and potential sanctions relief.

Iran Chamber

Tehran and Tashkent push to double trade volume, eye $1 billion target

Iran and Uzbekistan are intensifying efforts to expand bilateral trade, with Iranian officials calling for the swift conclusion of a preferential trade agreement and greater economic integration between the two countries.

Iran Chamber

Iran’s share of Syrian import market insignificant amid transit route hurdles – Report

Iran holds a 10% share of Syria’s import market, significantly trailing regional competitors such as Turkey, China, and Russia, according to a recent report by the Iran-Syria Joint Chamber of Commerce. The report highlights persistent challenges facing Iranian exporters, particularly limited access to regional transit routes.

Joint Chambers

Iran urges stronger trade ties with Turkmenistan amid Iran Expo 2025

A senior Iranian business official has called for intensified trade relations between Iran and Turkmenistan, highlighting the mismatch between the current trade volume and the countries’ historical and economic potential.

Iran Chamber